AIRROC has announced its board leadership for 2025. The officers are Chair Tom Mendralla (Swiss Re), First Vice Chair Dawn Ballin (Enstar), and Second Vice Chair Stewart Richmond (RiverStone Group). The board supporting officers are Marianne Petillo (ROM) as Treasurer, Megan McHugh (Brandywine) as Secretary, and Robert Romano along with Victoria Corder (Norton Rose) as the … [Read more...] about AIRROC Announces New Board Leadership, Officers and Directors for 2025
Regulatory
DARAG & wefox transfer run-off portfolio
DARAG Group and wefox Insurance AG, the Liechtenstein-domiciled insurance carrier of wefox Group, has announced the transfer of a run-off portfolio including motor damage and third party liability, private liability and property business across Germany, Italy and Switzerland. The transfer of the portfolio is related to the previously announced sale of wefox Insurance AG to … [Read more...] about DARAG & wefox transfer run-off portfolio
RiverStone International signs RITC contract for HRP Syndicate 2689’s 2022 year of account
LONDON: 17 February 2025 – RiverStone International, the leading acquirer of legacy business in the Lloyd’s market, today announced that it has signed a reinsurance to close contract with Asta Managing Agency, under which the 2022 underwriting year of account of Hampden Risk Partners (HRP) Syndicate 2689 will close into Riverstone International Syndicate 3500. The net … [Read more...] about RiverStone International signs RITC contract for HRP Syndicate 2689’s 2022 year of account
Enstar Legacy Syndicate 2008 Agrees $196M LPT Deal with Atrium Syndicate 609
HAMILTON, Bermuda, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Enstar Group Limited (“Enstar”) (Nasdaq: ESGR) announced today its Lloyd’s syndicate (“Syndicate 2008”), managed by Enstar Managing Agency Limited, has agreed a ground-up loss portfolio transfer (“LPT”) with Atrium Syndicate 609, managed by Atrium Underwriters Limited. The transaction involves Syndicate 609’s discontinued … [Read more...] about Enstar Legacy Syndicate 2008 Agrees $196M LPT Deal with Atrium Syndicate 609
A Brief Review of Reinsurance Trends in 2024
In 2024, the United States Supreme Court answered the question of whether a case should be stayed or dismissed if arbitration is compelled. Courts also continued to enforce arbitration rights and compel arbitration and addressed discovery of reinsurance information issues, questions of sealing of reinsurance information, jurisdiction, and a rare late notice … [Read more...] about A Brief Review of Reinsurance Trends in 2024
